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Dragonite (0329) subscribes 2.52% of HEC Capital Ltd for HK$137.5m

Company announcement, 16-Sep-2014

Dragonite and HEC Capital are members of what we call the "Chung Nam Network". On 21-Jan-2014, Dragonite sold the basement of China United Centre to a company that is or was owned by HEC Capital for HK$140m, almost the same amount it has injected into HEC Capital in today's deal.

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